. . . And The People In Charge Of Fixing It

The Next President

November 25, 2008

President-elect Barack Obama announced his economic team Monday, saying recent news "has made it even more clear that we are facing an economic crisis of historic proportions" that demanded the "sound judgment and fresh thinking" he said his new team would bring to economic difficulties as great as any since the Great Depression in the 1930s. These are his picks:

Experience: Co-director, agency review working group for the Obama-Biden transition team, 2008; senior domestic policy adviser, Obama campaign; executive vice president for policy at the Center for American Progress.

Education: Degrees from University of North Carolina; University of Michigan.

Timothy Geithner

Job: Nominated for treasury

secretary

Age: 47

Experience: CEO of the Federal Reserve Bank of New York, 2003-present; past senior fellow, Council on Foreign Relations; director of Policy Development and Review Department of the International Monetary Fund.

Education: Degrees from Dartmouth and Johns Hopkins School of Advanced International Studies.

Christina Romer

Job: Chair, White House Council of Economic Advisers

Age: 49

Experience: Professor of economics, University of California, Berkeley, 1988-present; professor of economics and public affairs, Woodrow Wilson School, Princeton University,

1985-88.

Education: Bachelor's degree, College of

William and Mary; and Ph.D, Massachusetts Institute of Technology.

Peter Orszag

Job: Democratic officials say Orszag has been chosen to be director of the White House Budget Office.

Age: 39.

Experience: He is director of the Congressional Budget Office, overseeing an annual budget of $40 million. The office provides lawmakers nonpartisan analyses of economic and budgetary issues.